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Message
re: PSA - Gold and Silver at Spot Price
Posted on 5/15/24 at 3:02 pm to oneg8rh8r
Posted on 5/15/24 at 3:02 pm to oneg8rh8r
quote:.
Ever wonder why that is? No buyers. Only sellers. Gold and silver MAY double by 2030, but it is no longer even a good store of value, relatively speaking.
Yeah, 8% annually over the last sixty years sucketh
1
Posted on 5/16/24 at 1:09 am to OccamsStubble
I said MAY double, but probably HIGHLY unlikely.
Ask anyone and everyone, people have stopped buying, started selling and are testing the waters of Bitcoin.
Remember, Gold, Silver, etc.....are all still being mined and the supply is not that hard to get to, they are simply rationing the rate at which they do. We just found another gold deposit a yr ago that is almost as large as all the gold we have ever excavated, it is not rare.
Ask anyone and everyone, people have stopped buying, started selling and are testing the waters of Bitcoin.
Remember, Gold, Silver, etc.....are all still being mined and the supply is not that hard to get to, they are simply rationing the rate at which they do. We just found another gold deposit a yr ago that is almost as large as all the gold we have ever excavated, it is not rare.
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